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$3,495,000

Est. payment - /mo

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17 Beds

17 Baths

9,435 SqFt

Active

3824 Evans ST Los Angeles, CA 90027

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Jerry And Rachel Team Hsieh

jerryandrachelteam@gmail.com +1(424) 242-8856

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,435 sqft

Price per Sqft $370

MLS Listing ID 25476329

Bedrooms 17

HOA Y/N No

Year Built 1964

Lot Size 9,861 Sqft

Lot Dimensions Assessor

Property Description

3824 Evans Street is a 9-unit apartment building located on a large lot that is just under 10,000 square feet. It has been owned by the same family for more than 50 years. This is the first time it has been on the market and available for sale in all that time. The units are extremely spacious. The building has an excellent unit mix of 1 - 1+1, 2 - 2+1.5, 4 - 2+1.75 & 2 - 2+1.75 TH. The Town House units have their own individual back yards. This building has had copper plumbing installed and the Los Angeles City mandated soft-story earthquake retrofit work completed. Additionally, the CA state mandated balcony work (SB 721) has been done. (Seller states all) The rent roll demonstrates the incredible rental upside potential, and, with the recent defeat of Proposition 33, investors are allowed to realize market rents upon units becoming vacant. These are very large apartments (building square footage is 9,435) and are much more livable than the average 1960's era building. The location is very desirable in eclectic Los Feliz! Located just west of Hyperion Avenue and south of Griffith Park Boulevard, the area is ground zero for hipsters, tech workers, artists and independent thinkers. Incredibly desirable and walkable neighborhood with restaurants, bars, cafes, theaters, specialty markets (Trader Joes & Gelson's). This area has a vibe that is palpable and is attractive to both young and mature alike! It is just a short drive from central Hollywood, DTLA and the communities of Glendale, Burbank and Pasadena just beyond. This location is surrounded by a multitude of employers in a wide array of industries making it an exceptionally sought after place to reside. As a result, renters outnumber owners in the area by a wide margin. The housing imbalance that exists in Southern California & Los Angeles in particular make this investment attractive in the short and long term. Please do not disturb tenants or walk on the property. OM is located in the document section on the MLS profile page. Please call listing agent for more information.

Location

State CA

County Los Angeles

Area 637 - Los Feliz

Zoning LAR2-1XL

Interior

Heating Wall Furnace

Flooring Carpet, Wood

Fireplaces Type None

Fireplace No

Appliance Disposal

Laundry Laundry Room

Exterior

Parking Features Attached Carport

Carport Spaces 8

Pool None

View Y/N Yes

View Hills, Mountain(s)

Roof Type Composition,Rolled/Hot Mop

Attached Garage Yes

Total Parking Spaces 8

Private Pool No

Building

Faces North

Story 2

Entry Level Multi/Split

Sewer Other

Water Public

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5433023027

Special Listing Condition Standard

Listed by James Gilb • James F. Gilb

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Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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3824 Evans ST Los Angeles, CA 90027

Jerry And Rachel Team Hsieh

Key Details

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3824 Evans ST